Bitcoin Above $8,000 After Breaching Resistance

Bitcoin Above $8,000 After Breaching Resistance

Jan 07, 2020

Invesing.com - Bitcoin surged Tuesday, breaking above $8,000 for the first time since November.

  • Bitcoin rose 7.15% to $8,077.5, taking its market cap, which is often used to gauge demand to $146.75 billion.

  • The move higher comes after the popular crypto broke above its 100-day moving average at about the $7,950 level.

  • Other cryptos were mostly higher; Ethereum was up 1.35% to $143.5, LTC/USD up 3.31% to $46.5, while XRP fell 1.42% to $0.21615.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now